John Grace

Whether or not you thought a fed move on interest rates would greenlight a brilliant move or cause for some improvement on the economic dial, the accompanying graph tells the whole story. What you see is an entrenched, self-interested, and Acela Corridor-dominated global elite that has turned the entire apparatus for its own devices. The Read More…

Global bond markets are behaving as if major trouble lies ahead of the U.S. global economies. Global stock markets are behaving as if the economic skies will remain forever blue. The U.S. equity markets are repeatedly hitting new record levels and are trading at elevated valuations. “Which financial market proves to have been the better Read More…

As we learned with the 1930 Smoot-Hawley Act, tariffs can backfire on the country that believes it’s a relatively painless way to affect change. By applying 40% tariffs on 20,000 incoming goods to the U.S. to protect our farmers, it may be the singular event that caused America to move past a serious recession to Read More…